Convergys
CVG
CVG was delisted on the 4th of October, 2018.
290 hedge funds and large institutions have $2.89B invested in Convergys in 2016 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 94 increasing their positions, 119 reducing their positions, and 24 closing their positions.
79% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 24
19% more capital invested
Capital invested by funds: $2.42B → $2.89B (+$465M)
6% more funds holding
Funds holding: 274 → 290 (+16)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
21% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$13.3M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$10.1M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.91M |
| 4 |
LIM
Lathrop Investment Management
Little Rock,
Arkansas
|
+$8.71M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$23.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$19.5M |
| 3 |
Millennium Management
New York
|
-$16.4M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$15.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$14.5M |
CVG Hedge Fund Activity: Q3 2016 in Review
290 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Convergys (CVG) for Q3 2016, worth a combined $2.89B — up 19% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CVG positions and 24 closed out — a net gain of 19 holders — while 94 added to existing stakes and 119 trimmed.
The largest buyer was Numeric Investors, adding an estimated $13.3M. The largest seller was Acadian Asset Management, cutting an estimated $23.6M.
- 290 institutional investors held Convergys (CVG) as of Q3 2016, up from 274 in Q2 2016.
- Funds reported $2.89B of Convergys stock for Q3 2016, up 19% quarter-over-quarter.
- 43 funds opened new Convergys positions in Q3 2016 and 24 closed out, a net change of +19 holders.
- The largest Convergys buyer in Q3 2016 was Numeric Investors, an estimated $13.3M added.
- The largest Convergys seller in Q3 2016 was Acadian Asset Management, an estimated $23.6M sold.
Based on aggregated 13F filings for Q3 2016.